Stephanie McMahon resigns from the position of Co-CEO following the return of Vince McMahon: Vince McMahon has once again become a hot topic in the wrestling industry with his WWE return. Last year, he took retirement from his position as CEO and Chairman of WWE. However, with the start of 2023, the former CEO is back in power after unanimous voting. Meanwhile, Co-CEO Stephanie McMahon has resigned from her position following her father’s return. Follow WWE News and Updates with InsideSport.IN
Stephanie McMahon resigns from the position of Co-CEO following the return of Vince McMahon
Recently, WWE released an official statement about Vince McMahon’s return to the company as Executive Chairman. Following the press release, Stephanie McMahon took to Twitter to announce her exit from the position of Co-CEO.
Then. Now. Forever. Together. pic.twitter.com/8dqr5reIiv
— Stephanie McMahon (@StephMcMahon) January 10, 2023
She posted a brief statement about her resignation and mentioned being grateful to run the company alongside her husband and Chief Content Officer Triple and Co-CEO Nick Khan.
Ah. Vince McMahon is Executive Chairman of the Board again pic.twitter.com/q603lE8Soj
— Sean Ross Sapp of Fightful.com (@SeanRossSapp) January 10, 2023
The press release from WWE detailed the appointment of Vince McMahon as the Executive Chairman of the Board and Nick Khan as the CEO of the company.
“I’m proud to announce that Nick Khan will serve as WWE CEO. Nick’s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. Together, we look forward to working with the Board at this critical moment in time to review our strategic alternatives and maximize value for all WWE shareholders.”
WWE fans unhappy with Vince McMahon returning to the company
With the start of 2023, Vince McMahon brought himself into the picture once again on WWE’s Board of Directors. His big move shocked the wrestling fans who are speculating about a downfall for the wrestling promotion with the former CEO’s return.
Many fans are heartbroken after Stephanie McMahon’s exit and expressed their views on Mr.McMahon’s return. WWE Universe has expressed harsh thoughts toward the former CEO’s return.
Why does Vince have to ruin everything. Like dude… no one wants you back. 😭😭😭 #wwe #VinceMcMahon
— Fyre Thoughts (@fyrethoughts) January 11, 2023
https://twitter.com/Dua_zahra313/status/1612974124611112960
People like gorilla monsoon and Vince senior, would be rolling in their graves knowing that non wrestling people such as Nick Kahn who just wants money, is running a wrestling company. The same will be said form whoever buys it
— CT (@cthomps86) January 11, 2023
Now i truly understand what “then now forever” means, it’s referencing to vince and his involvement in WWE
— ethan morgan (@tribal_chef) January 11, 2023
https://twitter.com/Dua_zahra313/status/1612974070261325824
WWE had a great run over the past months after Triple H and Stephanie McMahon took over new positions. However, the sweet days might end soon and fans are speculating Vince McMahon will regain his creative control and disrupt the flow.
What are your thoughts on Stephanie McMahon’s resignation? Tell us in the comments.
Stephanie McMahon resigns from the position of Co-CEO following the return of Vince McMahon
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